Plan Snapshot
- Plan Sponsor: Forever Media, INC.
- Sponsor EIN: 581935744
- Sponsor Address: 274 LAKEMONT PARK BLVD, ALTOONA, PA, 16602
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $6.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $6.6M | $89 | $396,532 |
| 2023 | 226 | $6.6M | $0 | $407,918 |
| 2022 | 160 | $7.0M | $15,908 | $460,969 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| YOUNG OAKES BROWN AND CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,842 | $3,184 | — | — | — |
| 2023 | $5,036 | $3,442 | — | — | — |
| 2022 | $5,601 | $3,490 | — | — | — |